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ZIP 57118 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 57118

Median Home Value
$139,400
Median Rent
$1,219
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$895/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

9.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 57118, a household would need roughly $38,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $895. That sits below the local median household income ($64,302), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
61.9%-5% vs US avg
x
Vacancy Rate
13.3%+29% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
16.1%+26% vs US avg
x
Built Post-2014
1.5%-78% vs US avg
x
Rent Burden >30%
12.0%-76% vs US avg
x
Mortgage-Free
27.8%-27% vs US avg
x
$139,400
Home Value
$1,219
Rent
1969
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.9%
  • 1-unit attached3.4%
  • 2-9 units3.5%
  • 10+ units27.8%
  • Mobile home & other6.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$139,400
Median rent$1,219
Owner-occupied61.9%
Vacant13.3%
Price-to-income2.2x
Est. income to buy$38,000